EU tariffs could cover 75% of imports of goods into Northern Ireland

9 December 2019 L. Alan Winters CB is Professor of Economics and Director of the Observatory. Our analysis finds that under the UK-EU Protocol on Northern Ireland, about 75% of Northern Ireland’s imports of goods from other locations, including Great Britain, would be subject to EU tariffs on their arrival in Northern Ireland. This is not easily reconciled with the government’s assertion that Northern Ireland remains within the UK customs territory. […]

By |2019-12-09T09:09:13+00:009 December 2019|UK - Non EU, UK- EU|5 Comments

Better than the status quo for Northern Ireland? Not quite so simple

24 October 2019 Michael Gasiorek is Professor of Economics at the University of Sussex and a Fellow of the UK Trade Policy Observatory.  There has been some discussion that the unique arrangements outlined in the Protocol on Northern Ireland within the Withdrawal Agreement between the UK and the EU mean that Northern Ireland may get the best of both worlds – tariff-free access to both the EU Single Market and the UK market. This is because Northern Ireland will remain in the UK’s customs territory, however, for trade between Northern Ireland and the EU (and therefore the Republic of Ireland) the EU’s Union Customs Code will apply, with no tariffs or other restrictions. Northern Ireland will also remain within the EU’s single market for agriculture and manufactured goods. The aim of this blog is to think through this carefully. […]

By |2019-10-24T16:56:46+01:0024 October 2019|UK - Non EU, UK- EU|4 Comments

The UK’s ‘No Deal’ Tariffs: An Update

16 October 2019 Julia Magntorn Garrett is a Research Officer in Economics at the University of Sussex and Fellow of the UK Trade Policy Observatory.  In March 2019, Theresa May’s Government published a set of ‘No deal’ tariffs, designed to apply for up to 12 months in the event that the UK left the EU without a deal. The UKTPO described them in a blog and a Briefing Paper. On October 8, the new Government published an updated ‘No deal’ tariff schedule. This blog outlines the main changes, and recalculates various statistics, on the basis of the new tariff proposal. […]

By |2019-10-16T11:05:01+01:0016 October 2019|UK - Non EU, UK- EU|0 Comments

Free ports—preparing to trade post-Brexit

26 September 2019 Dr Peter Holmes is Reader in Economics at the University of Sussex, Director of Interanalysis and Fellow of the UK Trade Policy Observatory. Interview by Kate Beaumont. This article was first published on Lexis®PSL Commercial on 5 September 2019.   How will the establishment of free ports enable the UK to benefit from Brexit trade opportunities? Dr Peter Holmes, reader in economics at the University of Sussex, considers the pros and cons of these special ports where normal tax and customs rules do not apply. […]

By |2019-09-26T12:04:19+01:0026 September 2019|UK - Non EU, UK- EU|11 Comments

UK food safety Statutory Instruments: A problem for US-UK negotiations?

12 September 2019 Chloe Anthony and Dr Emily Lydgate – lecturer in Law at the University of Sussex and a fellow of the UK Trade Policy Observatory. The US remains top of the list of post-Brexit UK trade negotiations, with Boris Johnson recently putting a quick US deal as a first priority. The US’s strongly-worded negotiating objectives include loosening EU ‘non-science-based’ bans or restrictions on Genetically Modified Organisms (GMOs), pesticides, food additives, hormone-enhanced meat, in addition to the infamous chlorinated chicken. As former international trade secretary Liam Fox conceded, a US-UK Free Trade Agreement (FTA) that excludes food and agriculture is a non-starter from the US perspective. […]

By |2019-09-12T12:05:39+01:0012 September 2019|UK - Non EU|1 Comment

Mimicking President Trump? – Trade and Politics in Japan’s Recent Export Measure

5 September 2019 Guest blog by Professor Yong-Shik Lee is Director and Professorial Fellow of the Law and Development Institute and Hiram H. Lesar Distinguished Visiting Professor in Law, Southern Illinois University School of Law. In the last eighteen months, President Trump has re-introduced the use of national security arguments to restrict the USA’s international trade for commercial reasons. I recently warned[1] that the US use of security arguments to justify its additional tariffs on steel and aluminum imports would create a dangerous precedent, and shortly after that, another major trading nation has indeed followed this precedent. […]

By |2019-09-05T09:29:36+01:005 September 2019|UK - Non EU|2 Comments

Ambition and reality: a UK-South Korea free trade agreement

1st July 2019 Dr Minako Morita-Jaeger, International Trade Policy Consultant and Fellow, UK Trade Policy Observatory at the University of Sussex. The British and South Korean governments settled on an agreement in principle on ‘trade continuity’ on 10 June. Although there is no official information on its content or duration, Dr Liam Fox, Secretary of State International Trade, tweeted that it would be a base for an ‘ambitious future free trade agreement (FTA)’ when the UK leaves the EU. If so, what would be possible options for such an FTA? And how realistic are these ambitions? […]

By |2019-07-01T08:52:59+01:001 July 2019|UK - Non EU|0 Comments

The Writing on the Wall: FDI Inflows and Brexit

28 June 2019 Nicolo Tamberi is a Research Assistant in Economics for the UK Trade Policy Observatory. Dr Ingo Borchert is Senior Lecturer in Economics at the University of Sussex and a fellow of the Observatory. On Wednesday, the Department for International Trade (DIT) released its official statistics on inward foreign direct investments (FDI) for the financial year 2018-19.[1] As stated by the DIT, these data measure the inflow of ‘new investment, expansion, and mergers & acquisition’ projects, both publicly announced and not. […]

By |2019-06-28T17:01:03+01:0028 June 2019|UK - Non EU, UK- EU|1 Comment

Trump and Mexico: Why the UK should care

07 June 2019 Julia Magntorn Garrett is a Research Officer in Economics at the University of Sussex and a fellow of the UK Trade Policy Observatory.  On Thursday last week (May 30) President Donald Trump threatened to levy tariffs on all US imports from Mexico. The UK should take note, as this has implications not only for Mexico, but for the UK as well. […]

By |2019-06-07T08:50:38+01:007 June 2019|UK - Non EU|1 Comment
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